Latest articles

Cows herded in to holding pen

Manitoba cattle market defies trend

The province’s geographic proximity to significant domestic markets is coming into play

Ontario and Quebec interest continues to buoy prices at Manitoba cattle auctions. “Pound for pound, on the good end of the calves, we’re probably still $5 to $7 per hundredweight better than they (Alberta) are,” said Rick Wright of Heartland Order Buying Co. On Oct. 31, good 600-lb. steers at Virden, Man., were attracting prices […] Read more


ICE canola weakens ahead of long weekend

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 9 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, as ample supplies in the commercial pipeline, bearish technical signals, and spillover from declines in Chicago Board of Trade soyoil all weighed on values. “The trend is your friend… and canola has no […] Read more


ICE canola down in morning trade

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 9, 2018 (CNS Canada) – ICE Futures canola contracts were slightly weaker Friday morning. Chicago Board of Trade soybeans and oil contracts were also down, while soymeal contracts were up. Soybean contracts dropped Thursday after the United States Department of Agriculture reduced its export outlook, […] Read more

North American Grain/Oilseed Review: Canola ends with small losses

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 8 (CNS Canada) – ICE Futures canola contracts were weaker on Thursday, although the market finished well off its session lows as traders reacted to activity in the Chicago Board of Trade soy market. Updated supply/demand numbers from the United States Department of Agriculture were bearish […] Read more


Prairie wheat bids improve

U.S. futures gains drove the market on this side of the border too

Wheat bids in Western Canada were up for the week ended Nov. 2, with gains in the United States futures supporting on values. Average Canada Western Red Spring (13.5 per cent CWRS) wheat prices were steady to $4 per tonne higher, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). […] Read more


A tweet spikes the canola market

President Donald Trump’s revelation of a trade discussion with China caused brief excitement

The canola market started the week in a dismal situation, but that all changed Nov. 1 when a tweet sent the commodity markets flying. However, by the next day the canola market corrected and finished the week lower overall. South American seeding and the ongoing trade war between China and the United States saw the […] Read more



ICE canola weakens ahead of USDA

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 8 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday, although activity was thin and choppy as participants await the release of the United States Department of Agriculture’s latest supply/demand estimates. Expectations that the USDA report at 11:00 CST will be bearish for […] Read more

ICE canola down ahead of USDA reports

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 8, 2018 (CNS Canada) – ICE Futures canola contracts were weaker Thursday morning. Chicago Board of Trade soybeans and meal contracts are stronger, while soyoil contracts are weaker. Commodity markets are expected to be quiet this morning ahead of the latest United States Department of […] Read more


North American Grain/Oilseed Review: Canola corrects higher

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 7 (CNS Canada) – ICE Futures canola contracts strengthened on Thursday, as the market recovered off of major chart support. Speculators covering short positions and end users taking advantage of bargain prices accounted for some of the buying interest in canola, according to participants. A slowdown […] Read more

ICE canola correcting higher

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 7 (CNS Canada) – ICE Futures canola contracts were posting small gains at midday Wednesday, as the market saw some consolidation following recent declines. The January canola contract hit a session low of C$480 per tonne on Tuesday before recovering as speculators and end-users returned to […] Read more